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$1.1 billion in net inflows reached $BTC and $ETH exchange-traded funds last week, the strongest weekly total since April, Bloomberg data showed. Volume stayed depressed throughout the run.
Bloomberg analyst Eric Balchunas connected the inflow streak to the Coldcard wallet exploit, citing daily inflows into several Bitcoin funds in every session since the breach.
The Coldcard catalyst Balchunas tied the sustained cadence directly to the security event, noting that several Bitcoin ETFs recorded positive flows on each trading day following the hack.
The daily consistency across multiple products over a multi-session stretch is what he flagged as the signal behind the weekly headline.
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